Lehman Brothers

  www.lehman.com
  www.lehman.com

Lehman Brothers Reviews

Updated October 18, 2014
Updated October 18, 2014
192 Reviews
4.2
192 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
21 Ratings

Review Highlights

Pros
  • Great work life balance and financial packet (in 14 reviews)

  • Ahead of other investment banks in promotion of women (in 15 reviews)


Cons
  • Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies (in 20 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 15 reviews)

More Highlights

52 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY

    I worked at Lehman Brothers full-time (more than 8 years)

    Pros

    No egos and knowledgeable people.

    Cons

    Long hours and low comp.

    Advice to ManagementAdvice

    Fairly compensate employees for their effort.

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Gone soon after I joined!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)

    I worked at Lehman Brothers full-time (less than an year)

    Pros

    - surrounded by high achievers and top quality professionals
    - Great experience for someone starting career in finance

    Cons

    - Aggressive environment
    - Firm could not last long enough for me to spend more time!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Good place to intern for a summer or two.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Lehman Brothers as an intern (more than 3 years)

    Pros

    Nice environment, great compensation. Hard Driving Environment but beneficial.
    Work location is great and the people treat each other like family.

    Cons

    Limited growth and limited work time frame. General lack of communication across departments.
    it seems like the more experienced members get little chance to grow with the focus on the lower staff.

    Advice to ManagementAdvice

    Listen to the little people, they will tell you how things can be improved.

    Recommends
    Negative Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great while lasted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Lehman Brothers full-time (less than an year)

    Pros

    Reputation was good until... you know

    Cons

    Hours were not the best

    Advice to ManagementAdvice

    Stay in business

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Working at Lehman

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    Money, Location, Culture, People, Hours

    Cons

    Bankrupt, Hours, Culture, CEO, Executive Management

  7.  

    Excellent working for LB, equal employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Mumbai (India)
    Former Employee - Project Manager in Mumbai (India)

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Excellent culture
    Work Life balance
    Open door policy
    Bonuses
    Benefits

    Cons

    No Cons it was a great company to work and helps in career development

    Advice to ManagementAdvice

    Emphasize on increasing productivity and efficiency by applying industry cost cutting measures

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Lehman Internship

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers as an intern

    Pros

    This company no longer exists.

    Cons

    Unfortunately, this company no longer exists.

  9.  

    Lehamn review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    great people to work for at Lehman

    Cons

    bad management system at Lehman

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Stressful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Lehman Brothers full-time (more than an year)

    Pros

    It was good while the good times rolled in.

    Cons

    Lots of layoffs, lots of stress. Bad management. Lost 401k.

    Doesn't Recommend
    Negative Outlook
  11.  

    Ambitious, entrepreneurial but not as well managed as the top investment banks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Vice President in New York, NY
    Former Employee - Senior Vice President in New York, NY

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Was on the upswing, attracting talent with drive

    Cons

    Risk control processes not well in place. Bankruptcy.

    Doesn't Recommend
    Negative Outlook

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